Latin America Viral Vector Market Size & Outlook
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Latin America viral vector market highlights
- The Latin America viral vector market generated a revenue of USD 161.2 million in 2023.
- The market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, adeno-associated virus (aav) was the largest revenue generating vector type in 2023.
- Adeno-associated virus (AAV) is the most lucrative vector type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 161.2 million |
| Market revenue in 2030 | USD 301.6 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Adeno-associated virus (aav) |
| Fastest growing segment | Adeno-associated virus (AAV) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adeno-associated virus (AAV), Lentivirus, Retrovirus, Adenovirus |
| Key market players worldwide | Oxford Biomedical Research, Lonza Group Ltd, Thermo Fisher Scientific Inc, Biogen Inc, Roche Holding AG, Regenxbio Inc, UniQure NV, Bayer AG, Sanofi SA, Batavia Biosciences |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.7% of the global viral vector market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,567.7 million by 2030.
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Viral Vector Market Scope
Viral Vector Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Batavia Biosciences | View profile | 101-250 | Leiden, Zuid-Holland, The Netherlands, Europe | http://www.bataviabiosciences.com/ |
| Regenxbio Inc | View profile | 344 | 9804 Medical Center Drive, Rockville, MD, United States, 20850 | https://www.regenxbio.com |
| Oxford Biomedical Research | View profile | 11-50 | Rochester Hills, Michigan, United States, North America | https://www.oxfordbiomed.com/ |
| Biogen Inc | View profile | 7570 | 225 Binney Street, Cambridge, MA, United States, 02142 | https://www.biogen.com |
| UniQure NV | View profile | 480 | Paasheuvelweg 25, Amsterdam, NH, Netherlands, 1105 BP | https://www.uniqure.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
Latin America viral vector market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to viral vector market will help companies and investors design strategic landscapes.
Adeno-associated virus (aav) was the largest segment with a revenue share of 50.87% in 2023. Horizon Databook has segmented the Latin America viral vector market based on adeno-associated virus (aav), lentivirus, retrovirus, adenovirus covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America viral vector market databook
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Our clientele includes a mix of viral vector market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America viral vector market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America viral vector market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America viral vector market size, by country, 2018-2030 (US$M)
Latin America Viral Vector Market Outlook Share, 2023 & 2030 (US$M)
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